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1 Peso
| Issuer | República de Chile |
|---|---|
| Year | 1881 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#1 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPÚBLICA DE CHILE VALE POR UN PESO convertibles en oro ó plata por el Estado conforme á la lei. SANTIAGO Abril 5 de 1881 American Bank Note Company, New York (Translation: Republic of Chile Worth for One Peso convertible into gold or silver by the State in accordance with the law. Santiago April 5, 1881) |
| Reverse description | Printed in green. The design is composed of intricate guilloche latticework and ornamental geometric patterns filling the entire field, with numeral '1' appearing in the upper-right and lower-left corners. A central horizontal panel bears the legend 'REPUBLICA DE CHILE', while an oval medallion at right encloses the legal tender text in small letterpress. |
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| Comments |
Chile's 1881 series marked the government's direct entry into paper currency — the República de Chile notes were state-issued obligations, not commercial bank paper, arriving during the War of the Pacific when saltpeter revenues were reshaping the country's fiscal position. The American Bank Note Company's involvement was typical for Latin American sovereign issues of the period; ABNC held contracts across the continent simultaneously, and their New York plates gave the notes a consistency of finish that local printers couldn't match.
Pick #1 is the opening entry of Chilean national paper currency, which gives it a certain bibliographic significance regardless of grade.